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Attachments: My Market Order System
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My Market Order System

  • #921
  • May 13, 2014 4:57am May 13, 2014 4:57am
BTW,
Pips!!!!Pips!!!!!
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Everyone can find their HolyGrail
  • #922
  • May 13, 2014 5:08am May 13, 2014 5:08am
Good job, tai (: i think thats going to hit 171.9933 .. GBP/JPY i still in
Neural Network Algorithm and Econophysics
  • #923
  • May 13, 2014 5:26am May 13, 2014 5:26am
Quoting renyl
{quote} Wow! Bobhowson Thanks for sharing your system.Eitan -Filter master thanks for the great job. Taru you are good teacher! I kinda like those beatiful screen shots with detailed explanation. Your approach to this system is awesome,clean and clear . keep it up! you have given me the confidence to trade again as I have consistently gained some reasonable pips without loss!
Thanks renyl. Great to know you are finding this thread useful. All thanks first to Bob and then others who are contributing.

I hope you won't mind if I suggest something I have found to be equally important to having an effective edge. Just don't watch the market when you do not intend to do anything to the orders. Log in only when a candle completes, place new orders and adjust your existing trades according to your rules and get out. I'm sure this will bring you even more pips. Good luck!
The trader IS the holy grail.
  • #924
  • May 13, 2014 5:30am May 13, 2014 5:30am
Quoting saytin
Taru. Has your EURchf trade opened?
It sure did and I posted an update at http://www.forexfactory.com/showthre...91#post7464491
The trader IS the holy grail.
  • #925
  • May 13, 2014 5:43am May 13, 2014 5:43am
USD/JPY 1H - nice opportunity for short ?
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Neural Network Algorithm and Econophysics
  • #926
  • May 13, 2014 5:43am May 13, 2014 5:43am
Quoting taru
{quote} Thanks renyl. Great to know you are finding this thread useful. All thanks first to Bob and then others who are contributing. I hope you won't mind if I suggest something I have found to be equally important to having an effective edge. Just don't watch the market when you do not intend to do anything to the orders. Log in only when a candle completes, place new orders and adjust your existing trades according to your rules and get out. I'm sure this will bring you even more pips. Good luck!
Very good advice taru
What you do is a reflection of you....what I do is a reflection of me.
  • #927
  • May 13, 2014 5:55am May 13, 2014 5:55am
The Euro is in a bit of a free fall due to the negative sentiment generated by the ZEW releases almost two hours ago.

This is a fact of life for a forex trader and occurs quite often. What should one do now? I don't know about anyone else but I'm going to DO NOTHING. What if a few of my trades hit SL? Thats just 1% loss per trade. I know my edge works and I'll recover all of that later in just one good trade. Like a pilot needs to believe what his instruments are telling him while flying in bad weather at night, a trader needs to believe his system when the market turns against him/her.

As for the EURJPY trade some of us made. I'm currently down 22 pips. From here, it'll either go down a further 38 pips and hit the SL or rebound, go into profit and give me the opportunity to exit in line with system rules. Either way, I am alright with it. If this trade doesn't end in profit, so what? There'll be others that would.
The trader IS the holy grail.
  • #928
  • May 13, 2014 6:18am May 13, 2014 6:18am
Quoting Ezzy
{quote} Very good advice taru
Thanks Ezzy. Means a lot coming from someone like you.
The trader IS the holy grail.
  • #929
  • May 13, 2014 6:37am May 13, 2014 6:37am
nice when they go like this , but alas im still about even over last2 months,
Regards Orid Peter
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  • #930
  • May 13, 2014 6:55am May 13, 2014 6:55am
always take your profit when you have the chanse b4 S/R area and moves on!,just my 2 cent..GL all.
when GOD brings you a challenge he also gives you the power to deal with it
  • #931
  • May 13, 2014 7:21am May 13, 2014 7:21am
Quoting ukmartin
Hi Acey I have been using this system for a few months now and I think 4 hrs is the shortest time frame you should use. The semafor indicator just repaints too much on anything less. If you are used to using shorter time frames is can be hard getting used to the 4 hour, but you will find it more profitable in the end. Martin
thanks much. yup i tried trading the lower time frame in my live nano account and the semafor really repaints heavily and it really didn't gave me any profitable trade. I am trying now to trade at 4 hours timeframe in my live nano account to see how it goes. I think its better to trade live than demo, risking cents to have a real feel of what trading really is.
  • #932
  • May 13, 2014 7:40am May 13, 2014 7:40am
Quoting acey2424
{quote} I think its better to trade live than demo, risking cents to have a real feel of what trading really is.
Your defiantly right with this.

Trading a demo just isn't the same
  • #933
  • May 13, 2014 7:50am May 13, 2014 7:50am
Quoting ukmartin
{quote} Your defiantly right with this. Trading a demo just isn't the same
any tips on how to make this system profitable in live account?
  • #934
  • May 13, 2014 8:05am May 13, 2014 8:05am
follow bob's system
set stop when singal 3 appear
Or ....
this is my way
set stop when "second" 2 signal appear~
Everyone can find their HolyGrail
  • #935
  • May 13, 2014 8:22am May 13, 2014 8:22am
Quoting tai9127
follow bob's system set stop when singal 3 appear Or .... this is my way set stop when "second" 2 signal appear~
okies...thanks muchie....will try that
  • #936
  • May 13, 2014 8:24am May 13, 2014 8:24am
Got in late on NZDUSD....but better late than never....

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  • #937
  • May 13, 2014 8:29am May 13, 2014 8:29am
Well done , game over USD/JPY 1H opened short 102.31 180 pips move.
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Neural Network Algorithm and Econophysics
  • #938
  • May 13, 2014 8:45am May 13, 2014 8:45am
This ZZ Semafor Wont repaint By itself?
  • #939
  • May 13, 2014 9:13am May 13, 2014 9:13am
Next candle i will open short , nice opportunity. AUD/JPY 1H
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Neural Network Algorithm and Econophysics
  • #940
  • May 13, 2014 9:29am May 13, 2014 9:29am
After strong move short , nice opportunity for long , lets see what it does GBP / JPY 1H
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Neural Network Algorithm and Econophysics
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